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Majoring in business pays off.
A new report from the Georgetown University Center on Education and the Workforce finds that while graduates’ earnings and federal student loan debt vary by institution and degree level, the majority of business programs lead to median earnings that are roughly 10 times graduates’ debt payments two years after program completion.
Two years after graduation, associate’s degree holders in business have median annual earnings of $30,000 after debt payments, the report states. The financial returns for a business degree rise to $43,200 after debt payments for bachelor’s degree holders and $51,600 for master’s degree holders.